Report

Global Risks Report 2023

OWF

The Global Risks Report 2023, published by the World Economic Forum in collaboration with Marsh McLennan, examines how widening geopolitical, economic, and societal fissures will trigger and exacerbate crises to come.

Drawing on insights from more than 1,200 experts and policymakers worldwide, the report unpacks some of the key dangers in the short term, highlights escalating risks over the next decade, and examines how competition for critical resources such as food and minerals may play out in alternate futures.

Key takeaways from the 2023 Global Risks Report for businesses

Carolina Klint on building organizational resilience to future crises

Global economic and commercial pressures

A new economic era will bring in more risks of stagnation, divergence, and distress.

2023 Global Risks Report

Businesses will face a turbulent year, marked by continued inflationary pressures, supply chain disruptions, and rising geoeconomic tensions. Oliver Wyman’s Dr. Lutz Jaede explores how businesses can thrive and remain resilient against these risks in 2023.

Related Insights and Commentary

Podcast

Global food crisis compounds vulnerabilities, tests resilience plans

Impact of global challenges on food and agricultural products.

Article

Russia-Ukraine conflict: Long-term risks emerging

Impact of the conflict on global inflation and the geopolitical order.

Article

Opportunities amid uncertainty

The reinsurance industry is in a strong position to face current headwinds.

Article

The right questions about war exclusions in the context of cyber operations

Recently drafted clauses address problems posed by traditional war exclusions.

Article

People First: The future of cities post-COVID

Organizations are reimagining work to help people in cities flourish.

Article

Risk and retirement: Where are the future financial hotspots?

Challenges that shape retirement risks.

Analysis

Mercer CFA Institute Global Pension Index 2022

A ranking of 44 pension systems around the world.

Article

Business leaders wary of increasingly geopoliticized global economy

Businesses prioritize inflation, affordability and national debt.

Article

How COVID lockdowns impacted pharmaceutical sales

Normal sales growth trajectories emerge as procedure backlogs continue to clear.

Article

How can businesses navigate economic uncertainty?

Businesses must focus on employees, customers and scenario planning.

Digital, tech, and cyber

Risks from cybersecurity will remain a constant concern for businesses and governments.

The development of new technologies like quantum computing have shifted cyber risk exposures for businesses. Despite significant progress in cybersecurity protocols, businesses will need to remain vigilant and resilient against emergent threats. Guy Carpenter’s Erica Davis explores the cyber risk landscape for 2023.

Related Insights and Commentary

Podcast

Managing evolving cybersecurity risks

Best practices for strengthening cyber risk resilience.

Article

Understanding the metaverse and its potential risks

The opportunities and risks of investing in the metaverse.

Article

The emerging cyber threat to industrial control systems

An enterprise-wide approach to combat cyber operations.

Article

Cyber risk evolution

The evolving cyber market poses new opportunities and challenges.

Podcast

Transforming for the future podcast series

Shape the future of work so that your business and people thrive.

Report

Time to recharge: Accelerating the rollout of EV charging infrastructure

Challenges impeding the rollout of charging infrastructure.

Report

Still buffering: Time for a smart city reboot

Key considerations for smart city transformation.

Article

The role of AI in building a responsible metaverse

An ethical framework is needed as we leap into a virtual world.

Article

Science and tech at scale

The obligations to consider to achieve technology’s full potential.

Climate and biodiversity

Climate mitigation and climate adaptation efforts are set up for a risky trade-off, while nature collapses.

2023 Global Risks Report

Climate change and nature are intrinsically interconnected with human health and business productivity. As climate change accelerates, businesses face greater scrutiny to adapt to new regulatory environments and consumer demands. Marsh’s Amy Barnes discusses how businesses should navigate nature-based risks in 2023.

Related Insights and Commentary

Podcast

Key learnings from COP27 as climate transition continues

COP27’s key takeaways for risk experts, boards, and C-level executives.

Report

High seas: Enabling a climate resilient Suez Canal

Global shipping’s climate-related risks and local-level methods of resilience.

Podcast

Narrowing the protection gap: Climate change and the public sector

Partnering is key for tackling today’s most pressing climate challenges.

Podcast

Evolving physical risk landscape

Themes regarding physical risk in the context of climate change.

Podcast

Net zero, are we getting it right?

The current victories and shortcomings in pursuing a net zero world.

Report

Advancing the transition: Seeking to mitigate risk and drive adaptation beyond COP27

Transition is the key response to climate risk following COP27.

Report

Accelerating the transition: From commitment to action

New risk management strategies to aid current decarbonization efforts.

Report

Embracing nature: How businesses can engage with new environmental imperatives

Why nature-related risks must be considered to improve risk assessment.

Article

2022 Global CDP temperature ratings

Insights into the promises and realities of global carbon emissions.

Article

Now for nature - The decade of delivery

A look into how European companies’ impact global climate.

Health and well-being

More frequent infectious disease outbreaks against the background of chronic diseases risks pushing exhausted healthcare systems to the brink.

2023 Global Risks Report

Financial pressures, chronic healthcare capacity issues, and intensifying climate conditions are the biggest threats to human health. Businesses should expect to evaluate their ESG plans, risk mitigation strategies, and benefit schemes to support workers. Mercer’s Dr. Lorna Friedman discusses health risks for 2023.

Related Insights and Commentary

Podcast

#MeToo movement still impacting workplace culture, claims after five years

The #MeToo movement and COVID-19 virus’s impacts on the claims landscape.

Report

Returning injured workers to health can help drive down claims costs

How to address pending workers’ compensation and facilitate return to the workplace

Report

Gene and cell therapies: Dealing with rising coverage costs

Insights into predicting gene and cell therapies’ future risk transfer landscape.

Report

People Risks 2022

The top 25 workforce-related threats facing employers.

Report

HR and risk must work together to get social risks on the corporate agenda

Updated corporate values equate to a need for improved workplace management.

Report

Life support: A people prescription for resilient health systems

Risks and stresses that post-COVID health systems face.

Article

Employee mental health: How much does it impact the workplace?

The need for better mental health care remains a global challenge.

Article

In healthcare, who works for whom

Starting at the foundation of healthcare to build a trusting environment.

Article

Responding to new industry realities

Lessons from the past to create a more agile and responsive healthcare industry.

Richard Smith-Bingham on how businesses need to adopt a systemic view to build resilience against the concurrent, complex, and multi-part crises of the future.

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